MBL ( 5152 : 1.28 ) : Take profit
Description
Resistance : 1.29
Support : 1.22
RSI of 70
RSI is overbought
STOCHASTIC
It is overbought
Comment
On the buy call of 7/8/2012 at 1.18, we are recommending to take profit as it is approaching overbought. And it appears to have been capped at the Double Top of 1.29
Trading Strategy
Take profit
Source:Jupiter Securities Research 27 August 2012
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